Creditors Give Zim Shipping Relief As Industry Stays Depressed
By Steven Scheer JERUSALEM, Aug 29 (Reuters) – Debt-laden Israeli shipping company Zim said it has received support from its creditors as it continues to
By Steven Scheer JERUSALEM, Aug 29 (Reuters) – Debt-laden Israeli shipping company Zim said it has received support from its creditors as it continues to
Update: 30 August Maersk Lines’s containership, Maersk Kampala is still on fire this morning according to a statement on Maersk Line’s website. The
Daewoo Shipbuilding and Marine Engineering (DSME) announced today they have won an order for three containerships rumored to be 18,000
DUBAI/SEOUL, Aug 28 (Reuters) – South Korea’s Hyundai Heavy Industries is close to winning an order worth about $1.4 billion to build 10 huge
A close-up of the bow of the ship shows a particular feature of the Maersk Mc-Kinney Moller’s design. The naval architects extended the beam of the
Aug. 19 (Bloomberg) — A.P. Moller-Maersk A/S, owner of the world’s biggest shipping line, said concern that emerging markets are losing their
Amid throngs of shoreside and seagoing spectators, the world’s largest containership, MV Maersk Mc-Kinney Moller, arrived today in Rotterdam on her
Aug. 16 (Bloomberg) — A.P. Moeller-Maersk A/S climbed to an 18-month high after the company raised the earnings forecast for its container line, which
After a night of drinking in Qingdao, China, Jiang Wu mistook a shipping container as his hotel room. It’s a classic mistake that no doubt happens to
Japanese classification society ClassNK released the following statement today regarding the forensic investigation into what may have caused the initial
Seaspan orders five additional fuel-efficient 14,000 TEU containerships after signing long-term, fixed rate time charter contracts with Yang Ming Marine
Diana Containerships Inc. (Nasdaq:DCIX) has signed two Memoranda of Agreement to purchase from an unaffiliated third party two Post-Panamax container vessels,
Mitsui O.S.K. Line announced Monday that it has completed measures to reinforce the hulls of three of MOL Comfort's sister vessels after having conducted an
By Gavin van Marle In a sign of just how weak the container shipping market has become this year, the parent company of Hong Kong-based box carrier OOCL
In an exchange filing today, China COSCO announced their plans to scrap 13 ships, consisting of 4 container vessels totaling 11,207 TEU and 9 bulk carriers of
Aug. 7 (Bloomberg) — Hapag-Lloyd AG cut costs amid falling fuel prices to deliver a profit in the second-quarter as Europe’s fourth-largest
The Port Of Rotterdam reports that the 102455 DWT containership Hanjin Hamburg struck a Fin whale in the Bay of Biscay on Friday. The adult female was
Container lines’ schedule reliability across the global shipping trades decreased slightly in May, according to the latest analysis from liner
Aug. 2 (Bloomberg) — German rail operator Deutsche Bahn AG started another direct train link on the China to Europe trade route, extending its reach into
While there are few signs of a peak season developing on the Asia-Europe westbound trade as overall volumes remain flat, there appears to be something of a
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